Investment Objective The investment seeks to provide high current income and capital appreciation.
Normally- the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in foreign bonds and 65% of its net assets in non-U.S. dollar-denominated foreign bonds that are rated investment-grade (i.e.- BBB- or equivalent- or better)- as determined by at least one major credit rating agency or- if unrated- deemed to be of comparable quality by T. Rowe Price. The fund is non-diversified.